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Cineplex Inc T.CGX

Alternate Symbol(s):  CPXGF | T.CGX.DB.B

Cineplex Inc. is a Canadian brand that operates in the film entertainment and content, amusement and leisure, and media sectors. The Company's segments include Film Entertainment and Content, Media, and Location-Based Entertainment. It offers over 170 movie theatres and location-based entertainment venues. In addition to being a film exhibitor, the Company operates Canada's destination for Eats & Entertainment (The Rec Room), complexes specially designed for teens and families (Playdium), and an entertainment concept that brings movies, amusement gaming, dining, and live performances together under one roof (Cineplex Junxion). It also operates businesses in digital commerce (CineplexStore.com), alternative programming (Cineplex Events), motion picture distribution (Cineplex Pictures), cinema media (Cineplex Media) and digital place-based media (Cineplex Digital Media). The Company is a partner in Scene+, Canada's entertainment and lifestyle loyalty program.


TSX:CGX - Post by User

Comment by Schussing56on Oct 25, 2023 8:23am
124 Views
Post# 35699635

RE:More film release delays

RE:More film release delaysBarbenheimer made a lot of money for Cineplex but, I think it's already been priced into the stock. The SAG-AFRA situation continues to be a headwind. I'm still looking for Cinefile to pay CGX the US $1.25 billion they owe from the lawsuit. That should result in a major pop but, other than that, I think that Cineplex is still facing the same challenges they were 4 years ago, before the pandemic, which is, people just aren't going to the movies as much anymore due to Netflix, etc.
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